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The Gulf is on fire and India is burning with it !

The Gulf is on fire and India is burning with it !

Yekkirala Akshitha
March 2, 2026

When the US‑Israel strike tore through Iran on February 28, the world held its breath. India could not afford to. Within hours, the consequences were not abstract - they were arriving at doorsteps, airports, trading floors, and street corners across a nation of 1.4 billion people who suddenly found themselves standing in the long, dark shadow of a war they did not start.

Dalal Street was among the first to flinch. On March 2, the BSE Sensex haemorrhaged over 1,000 points , crashing to 80,238, while the Nifty50 bled 313 points in one of its worst single-day falls in recent memory. Investors fled risk, chased gold, and the rupee trembled. Simultaneously, Brent crude surged past $80 a barrel - up sharply from $72 before the conflict - driving crude costs from ₹37.6 to ₹41.7 per litre almost overnight . For a country that imports over 80% of its oil, much of it threading through the now-threatened Strait of Hormuz , this was not a market correction. It was a body blow - one that will echo through fuel pumps, grocery bills, and factory floors for months.

India's rice exporters too felt the ground shift beneath them. The Indian Rice Exporters Federation urgently advised its members to abandon cost, insurance, and freight contracts and pivot to free-on-board terms - a quiet admission that nobody can price risk in a war zone . Basmati prices have already surged 10–15% , and with West Asia absorbing 70% of India's rice exports - 3.90 million tonnes shipped between April and December 2025 alone - the fear is real: if the Gulf chokes , India's granaries overflow and farmers pay the price .

But numbers only tell half the story. The other half has a human face . For three consecutive days, nearly 444 flights were cancelled across India over 225 in Mumbai and Delhi alone - as airlines abandoned Gulf routes. Badminton star PV Sindhu was stranded in Dubai. Actors Ajith Kumar, Esha Gupta, and Subhashree Ganguly found themselves grounded mid‑journey. Singer Ammy Virk posted a desperate plea from an airport, his family stuck with no flight home. These are not statistics they are nine million Indians who work in the Gulf, sending $40 billion home every year , now caught between a warzone and an uncertain return .

At home, grief and fury spilled onto the streets . From Srinagar - where restrictions were imposed after protests over Ayatollah Khamenei's death - to Bhopal, Lucknow, Kolkata, Jaipur, and Ludhiana , communities mourned and marched . The Home Ministry responded swiftly, warning states of radical preachers , ordering surveillance of extremist social media , and placing diplomatic missions of the US and Israel under heightened guard .

India's opposition found its voice too - Congress, AIMIM, AAP, and the Left condemned the strikes as illegal and immoral , while Hyderabad MP Asaduddin Owaisi warned that India's conspicuous silence risks its credibility and corrodes decades of carefully balanced diplomacy .

The Middle East is burning . And India in its markets, its skies, its fields, and its streets is feeling every degree of the heat .

The Gulf is on fire and India is burning with it ! - The Morning Voice